coin-investor (OP)
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October 30, 2023, 03:34:07 PM |
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First I would like to state that Gambling is legal in our country
This is my friend's story, business is not good in my friend's store which he owns the location is highly commercial but he cannot compete with the large and popular groceries nearby so he decided to stop operation and just offer to lease or rent it.
Because of the location a lottery agent who has a license approached him and is looking for a good place to set up his lottery, my friend's place is very much suited because there's no lotto outlet in that place, and with so many people coming and going and the fact that lotto is very popular in our country, the agent wants to lease at a very good price and a share of the income of the lotto.
He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.
So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
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AbuBhakar
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October 30, 2023, 03:41:46 PM |
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He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.
So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
Most of the food nowadays especially instant has msg and other preservatives which is harmful to human health yet people still sell it because there’s customer willing to buy it. It’s same on allowing lotto to lease his space. It’s not his business anymore on what people will do since the business is legal and no one will force people to bet on lotteries. In fact, Lotto is not that much very addictive since the result is not instant. I will understand the concern if we are talking bout here is drugs or anything illegal.
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crwth
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October 30, 2023, 03:47:15 PM |
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I think it's an easy answer and don't have to think about it too much.
IF you VALUE Money more then let the Lotto Store lease on it. IF you VALUE your Integrity and Morals, then find someone else. There maybe another opportunity coming.
That could be summarized like that IMO. Please update us OP on what your friend's decision is.
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robelneo
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October 30, 2023, 03:50:53 PM |
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I will allow them to lease the place to set up their lottery outlet gambling is legal in that country so you should not take the blame for something that is popular in one's place, the lotto agent sees the potential of the place, he will eventually find some owners to lease their place and set up the lotto outlet, thereby missing the profit, so instead of you making a good profit without doing anything, you let the opportunity pass.
Life is hard in third-world countries so instead of passing the opportunity take it, no use worrying because gambling is legal in that country it's the government's fault for allowing people to gamble.
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Wiwo
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October 30, 2023, 04:00:23 PM |
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This is a simple game to play here, the ball is in his court and he needs to make the right decision placing both terms into consideration whether he goes for the money or rejects the offers and his mental state because that is the most likely thing that will happen on the long run, since he left the place due to his inability to meet the competition in that location and I believe that the space is for commercial area, that means putting the place for gambling lotto agents since gambling is legalized in your country which is something that could justify your concerns at some point.
So is left either you should take the money or you look away and save your concerns, but in business, what matters is the revenue and not your feelings as long as you are not going against the government.
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Ruttoshi
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Baba God Noni
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October 30, 2023, 04:09:19 PM |
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So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
Crwth has given the answer already, but from your statement it shows that your friend is not thinking much of his integrity but he has seen this as an opportunity for him to have a long term tenant and make profit, it is better that he follows his heart and make the decision that wouldn't make him regret later. If I was in his shoes, I will give it on a lease to the lotto outlet and enjoy my rent, at least it is an additional income to what he is getting now, and with the way inflation is everywhere, one must make use of any good opportunity to have an additional income. I will rent it out and use it to invest in bitcoin, because from the look of things, is like he is not really in the need of money.
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Altryist
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October 30, 2023, 04:16:35 PM |
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First I would like to state that Gambling is legal in our country
This is my friend's story, business is not good in my friend's store which he owns the location is highly commercial but he cannot compete with the large and popular groceries nearby so he decided to stop operation and just offer to lease or rent it.
Because of the location a lottery agent who has a license approached him and is looking for a good place to set up his lottery, my friend's place is very much suited because there's no lotto outlet in that place, and with so many people coming and going and the fact that lotto is very popular in our country, the agent wants to lease at a very good price and a share of the income of the lotto.
He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.
So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
There is nothing illegal about this, people play the lottery at will and they will still play it, no matter where they buy it. Let him rent it out if it brings him profit, in any case, it is not he who will sell it, but the person who will rent the premises from him. In addition, he has no guarantee that if someone else rents premises from him to sell food, that he will sell good and high-quality products, in each situation there are nuances and you cannot take them all into account, the most important thing is that this activity was legal.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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ajiz138
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October 30, 2023, 04:19:11 PM |
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If gambling is already legal in your country why worry about it when it's an opportunity to rent out a shop to an agent who has a good profit without doing anything. The shop owner is clearly profitable.
The question of morals and conscience on gambling is up to the individual whether he/she thinks it would be good if there is a lottery agent there? For me, if it is legal and the government authorizes this, there is no doubt that the rental of shops by agents will definitely be greater because seeing the conditions around there are many people coming and going, so the lottery agent knows it is the best place for him.
Regarding encouraging gambling, I say back to the individual you only benefit from the rental of store outlets.
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Slow death
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October 30, 2023, 04:21:15 PM |
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I think you should ask your friend the following:
- Is he forcing people to buy a lottery ticket?
- Is he renting the space for criminal and illegal activities?
because from what I read in the OP. Gambling is legal in your country, the guy who wants to rent it has a license, so there is nothing illegal or immoral. Your friend is seeing things from a point of view based on the Muslim religion, from what I understand. But when you look at the horrors that religions have caused to the world, then you realize that you need to put aside religion and look at the side of laws. If you are not breaking the laws then everything is fine.
Your friend sold food, and nowadays many foods like sugar harm people when they consume too much, even the salt that was in your friend's store is harmful if a person consumes too much at the same time. So the same thing happens with the lottery, as long as people are playing for fun and with money they can afford to lose they won't have a problem and even if someone became addicted to gambling, that's not your friend's fault. Each person who enters the gambling games must be 18 years old, because the law says so, only an adult can play and your friend does not own the people
People have their lives and responsibilities, it's not your friend who should keep saying what people can or can't do with their lives, your friend should also live his life, always complying with the laws. That's why, in my opinion, there's no problem with your friend renting his store to a lottery company, your friend worrying about taking care of his life and his family, always complying with the laws
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m2017
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October 30, 2023, 04:21:53 PM |
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First I would like to state that Gambling is legal in our country
This is my friend's story, business is not good in my friend's store which he owns the location is highly commercial but he cannot compete with the large and popular groceries nearby so he decided to stop operation and just offer to lease or rent it.
Because of the location a lottery agent who has a license approached him and is looking for a good place to set up his lottery, my friend's place is very much suited because there's no lotto outlet in that place, and with so many people coming and going and the fact that lotto is very popular in our country, the agent wants to lease at a very good price and a share of the income of the lotto.
He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.
So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
If your friend’s building is ideal for opening a lottery in this place due to the lack of competition nearby and high human traffic, which will have a good effect on attracting potential gamblers and all this together appeals to the future tenant, then let your friend “sell” his conscience as much as possible expensive. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Let him negotiate with the tenant and extract the maximum amount for rent from him. It may take a long time until he finds another tenant, but “you won't be full” with your conscience alone. When the lack of money affects the well-being of his family and loved ones, he will perceive everything differently. Lotteries are not an “absolute evil” in this world and in the end, your friend has nothing to do with this business if it makes his moral choice easier. Lottery "victims" will visit this establishment, even if it is located in a different place and not at your friend's house.
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topbitcoin
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October 30, 2023, 04:26:51 PM |
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Personally, in my opinion, As long as it doesn't violate any national laws or regulations, it's best to abandon efforts to increase your market and try to keep up with the competition, and consider offering your grocery store to a lottery agent. This way, you can still use the shop and you will still get monthly profits through the rent you receive. However, if this is too contrary to your personality and raises concerns in itself, I recommend switching to a business that is in line with your moral and ethical values, perhaps a business that offers more profitable business and attracts visitors. The best alternative is to open a culinary business because at the moment most people prefer fast food that is ready-made and easy to eat. Maintaining your grocery store will not bring any progress. Therefore, opening a culinary business will offer growth opportunities and better financial profits.
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aioc
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October 30, 2023, 04:32:54 PM |
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Your friend has a high standard of moral for him to think that it's his fault if people come to bet on the lotto outlet the bettors have their own morals and the fact that the government allow and even gives license to these operators so your friend should not take the responsibility of every gambler.
Gamblers will gamble whether he like it or not, the agent will look at another neighboring place to set up their own lottery outlet if your friend can still afford to live without a big profit coming from this lotto outlet then just accept from another renter maybe he can stumble a renter that can match the lotto agent's offer so he will not compromise his own belief.
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Gozie51
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October 30, 2023, 04:34:38 PM |
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But simply, it is up to your friend to decide. Is he concern about the profit or his conscience and I'm sure he is a religious person.
This is why it is said in the bible that the love of money is the root of evil. Your friend is now battle with this.
His conscience should tell him the best thing to do but he should remember money will go, the lotto business may one day relocate but his conscience stays with him. At least he has a good spot for rent, so even if the lotto renter goes another kind of business outlet that won't bother his conscience will come soon.
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yudi09
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October 30, 2023, 04:35:46 PM |
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So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
Just let the shop be rented out if it fits the set rental fee. It's up to you what you want to use the rented shop for. If it is used as a lottery gambling place and has a license, the responsibility lies with the party renting it. Besides, the business he ran at the shop was quiet. If at the same time there are two parties who come to rent the shop for different purposes, it is better to rent it to someone who is not using it as a gambling place. Something uncomplicated.
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uneng
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October 30, 2023, 04:40:44 PM |
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I was thinking about a similar situation these days, but regards popular youtubers from another niches that don't involve gambling who have million of views promoting casinos for financial purposes. It seems somehow wrong for those youtubers to promote gambling, because their public isn't mainly composed by gamblers or literate people on gambling matter. It's different, for an example, from us here on this forum promoting casinos, because this community is heavily composed by gamblers, potential gamblers and many others who have total comprehension capacity to understand how gambling works.
But when the target public involves a large portion of people who don't have any notion about gambling, house edge, odds... It becomes problematic. That is the case of your friend who is going to rent his place to a casino shop. In every cases, I highly suggest him that between profit and conscience he should go for the latter, always. Conscience is peace of mind and solely money can't bring this.
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Westinhome
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October 30, 2023, 04:44:29 PM |
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First I would like to state that Gambling is legal in our country
This is my friend's story, business is not good in my friend's store which he owns the location is highly commercial but he cannot compete with the large and popular groceries nearby so he decided to stop operation and just offer to lease or rent it.
Because of the location a lottery agent who has a license approached him and is looking for a good place to set up his lottery, my friend's place is very much suited because there's no lotto outlet in that place, and with so many people coming and going and the fact that lotto is very popular in our country, the agent wants to lease at a very good price and a share of the income of the lotto.
He thinks that with the lotto outlet, he will encourage people to gamble which is against his morals so it is a battle between his conscience and the profit.
So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
It was sad to hear the gambling was the illegal one in your country,So you must be the country belong to Islamic religion.Because most of the Islamic based countries doesn’t allow their followers for the involvement to the gambling sites.The main thing is your friend should not lend to the lottery agent,Since he was running in the rented place.He can shifted the place any time he want and which leads to the loss of your friend and if the lottery agent scammed the winner mean.Finally your friend may be get arrested in the real life.Being the gambler,I had no wrong opinion on the lottery game,but only against the people who try to miss use the soft hearted person like your friend.
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Razmirraz
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October 30, 2023, 04:49:05 PM |
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When integrity is deeply embedded in your friend's conscience, he will feel like punishing himself if he is not consistent with his steadfastness all this time. Profits are very tempting, it is very difficult for anyone to refuse them. But if he prioritizes integrity, he will feel calm in his heart because the decision is in accordance with his morals. All decisions are up to your friend, only he is free to determine them.
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moneystery
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October 30, 2023, 04:51:32 PM |
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your friend has a shop there because he wants to make money, right? if that's the case the answer is clear, just let the lotto outlet rent the place, so he can get rent + passive income. there is nothing better than getting an income like this because you will get rent and shares and you can work somewhere else, whether building a business or something else. but here i'm talking about business, i'm not talking about morals because for me personally, gambling has nothing to do with morals, because morals are a personal matter.
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goldkingcoiner
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October 30, 2023, 05:24:41 PM |
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the agent wants to lease at a very good price and a share of the income of the lotto.
Exactly how much of a share are we talking about? And is it normal for someone to demand a share even though he already is profiting (I assume) off of the leasing? I am not too sure whether or not this is a good deal for the agent, but then again OP did not really give us any in-depth details. There might be a good reason why the agent is so eager to lease at such a disadvantage. Your friend should take his time on deciding and should not let anyone, especially the agent, rush him into a decision. When something seems to appear more urgent than it really is, especially with a deal involved, then there is probably a well-thought-out purpose behind it.
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Yatsan
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October 30, 2023, 06:10:42 PM |
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If he chooses not to, that’s his principle and there’s nothing wrong with it however, if money matters on his end then he should consider the offer given that it is bettors’ initiative to bet in the first place and not with whether he encourage them or not. He also has the option to find other businesses who would like to lease on his property given that it was considered as a good place for the lottery agent. But if things will got out of hand then, he should determine which would he follow; own principle or his wallet. Definitely the decision is on his hands and it will only be hin who would choose whether to let the agent lease under his property or not. We cannot invalidate his preference if he ever choose declining the offer.
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